ps,
Do you think this is why we are seeing a significant softening in shale plays in exploration mode - each result that isn't great will be met with this type of scenario being extrapolated across the next hole/s to be dug and stock punished accordingly?
I wouldn't want to own a shale play that is in development.
I see Coleman now states they wouldn't rule shale out - whereas his predecessor said it was a myth of epic proportions shale?
Hopefully WPL stick to Browse and develop it up and swallow a minnow or two along the way!
us field monterey downgraded by 96%, page-4
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